This paper applies a gravity model

This paper applies a gravity model to examine the determinants of Icelandic
exports. The model specifications tested allow for sector and trade
bloc estimation. Also, a combination of an export ratio and a gravity model
is tested, as well as marine product subsamples. The estimates are based
on panel data on exports from 4 sectors, to 16 countries, over a period of
11 years. Estimates indicate that the size and wealth of Iceland does not
seem to matter much for the volume of exports, not even when correted for
the country’s small size. Finally, results indicate that trade bloc and sector
effects matter and that marine products vary considerable in their sensitivity
to distance and country factors.

ผลลัพธ์ (อังกฤษ) 2:

This Paper applies a Gravity Model to examine the determinants of Icelandic
Exports. Allow the Model Specifications tested for Sector and Trade
bloc estimation. Also, a combination of an Export ratio and a Gravity Model
is tested, as well as Marine product subsamples. The estimates are based
on Panel Data on Exports from 4 sectors, to 16 countries, over a period of
11 years. Estimates indicate that the Size and wealth of Iceland does not
seem to much for the volume of Exports Matter, not even when Correted for
the Country ' s Small Size. Finally, results indicate that bloc and Trade Sector
Matter and effects that Marine Products Vary in their considerable sensitivity
to factors Distance and Country.